Pakistan's foreign ministry urged all parties to exercise restraint and avoid actions that could further undermine regional peace and stability.

Daiwa raised its target price on WuXi AppTec (02359.HK) to HK$190 from HK$138, kept a Buy rating and named the stock a China CXO top pick. The broker lifted adjusted non‑IFRS net profit forecasts for this year and next by 13.5% and 21.3%. WuXi reported Q1 recurring operating revenue up 39.4% YoY and adjusted non‑IFRS net profit up 71.7% YoY, beating consensus and company guidance, driven by small‑molecule CDMO contribution, increased project deliveries and a low Q1 2025 base. Daiwa left full‑year TIDES revenue growth guidance at 40% and said the strong Q1, rising backlog and healthy new order intake support confidence in 2026 TIDES delivery and the potential for upward revision to FY2026 guidance. Inclusion on China’s 1260H list is not expected to affect the company’s near‑ to medium‑term outlook, Daiwa added.

CPCA data: manufacturer wholesale NEV penetration 62.8% in June, up 13 percentage points from June 2025. June NEV penetration was 73.9% for domestic brands, 55.5% in the luxury segment, and mainstream joint-venture brands rose to 13.1%.